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2355 Derry Rd E

1,962 SF Flex Condo Unit Offered at $729,116 USD in Mississauga, ON L5S 1V6

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Property Facts

Price	$729,116 USD	Building Class	B
Unit Size	1,962 SF	Floors	2
No. Units	1	Typical Floor Size	76,144 SF
Total Building Size	152,288 SF	Year Built	1990
Property Type	Office (Condo) Industrial Distribution Industrial Warehouse FlexLight Distribution	Lot Size	4.86 AC
Sale Type	Investment or Owner User	Parking Ratio	1.69/1,000 SF

Price	$729,116 USD
Unit Size	1,962 SF
No. Units	1
Total Building Size	152,288 SF
Property Type	Office (Condo) Industrial Distribution Industrial Warehouse FlexLight Distribution
Sale Type	Investment or Owner User
Building Class	B
Floors	2
Typical Floor Size	76,144 SF
Year Built	1990
Lot Size	4.86 AC
Parking Ratio	1.69/1,000 SF

1 Unit Available

Unit 20

Unit Size	1,962 SF	Sale Type	Investment or Owner User
Price	$729,116 USD	Cap Rate	4.30%
Price Per SF	$371.62 USD	NOI	$31,351.99 USD
Condo Use	Flex	No. Parking Spaces	4

Unit Size	1,962 SF
Price	$729,116 USD
Price Per SF	$371.62 USD
Condo Use	Flex
Sale Type	Investment or Owner User
Cap Rate	4.30%
NOI	$31,351.99 USD
No. Parking Spaces	4

Description

Great opportunity to own a 2-story commercial investment property in a prime airport area. Location minutes away from Pearson Airport, HWY 407, 427, 401, and 410. Great exposure and high-traffic area. Offices, reception, kitchen, washroom, and warehouse on the main level with a drive-in door. The unit on the main floor has a reception, 2 offices, a bathroom, a kitchen, and a warehouse area with a drive-in door. The second-floor unit consists of reception, 2 offices, a bathroom, an open area, and outdoor space. The main level has a courier/logistic business operated by a Tenant on a 5-year NNN lease of $44,678 (All In). The upper floor with a separate entrance, currently vacant can generate a monthly gross rent of $2,500 plus HST. Main floor access from front and rear. Access to both levels with separate entrances. Perfect for an investor or end user.